Friday, March 22, 2013

Louis Vuitton Speedy 30 N41531

Last year Louis Vuitton Outlet, the Chinese luxury consumer market maintained a good momentum of development, a lot of big-name luxury goods began to occupy the first-tier cities, while the second and third tier expansion of sales channels in China continue to sink to the mainland cities. But in 2013, the luxury goods giants are invariably stop expansion of stores in China. Analysts believe that this is a luxury brand was forced to take after the continuous decline in the performance of contraction strategy. Earlier this year, LVMH Group earnings report released in 2012, LVMH Chairman and CEO Bernard Arnualt signals will be fully suppress the expansion, focus on high-end products, and maintain a high-end image. The Bernard Arnualt also said that the second and third tier cities in China will not continue to shop, to avoid too commonplace Louis Vuitton Outlet Online. In the industry view, which is forced to take because of the The Louis Vuitton continuous decline in sales for several quarters helpless strategy.
Coincidentally Louis Vuitton Handbags Outlet, PPR Chairman and CEO Francois-Henri Pinault Group 2012 earnings release after the news conference, announced that the 2013 expansion will stop the Gucci brand stores in China this year will not be a new city in China set up shop, is the renovation and expansion of the existing store. Bain & Company luxury market research report shows that although China has become the largest consumer of luxury goods groups in the world within, purchased about 25% of the global luxury goods, but these consumption Liucheng in overseas markets 's. The data also show that, since the fourth quarter of 2011, the growth of the Chinese mainland luxury market started to slow down, and this trend continues in 2012, and has intensified since October. China's luxury market, which grew from 30% in 2012 to slow to about 7% Louis Vuitton Outlet Store.

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